Question: A division's operating data for the past two years is as follows: Year 1 Year 2 Return on investment 14% 18% Net operating income ?

A division's operating data for the past two years is as follows:

Year 1

Year 2

Return on investment

14%

18%

Net operating income

?

$180,000

Turnover

?

2

Margin

?

?

Sales

$1,000,000

?

In Year 2 the margin was twice as much as the margin in Year 1. How much was the divisions Net Operating Income for Year 1?

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